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Managers of SMEs expect 50pct reduction in activity or even closure

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Small and medium-sized enterprises (SMEs) will be the most affected by the coronavirus pandemic, and their managers estimated as the main risk reducing the activity by more than 50pct or even closing it, the of Statistics (INS) reports on Wednesday after a survey into the evolution of the economic activity. "In order to measure the impact of SARS-Cov.2, the INS carried out an ad-hoc survey between March 17 and 19, 2020 regarding the estimation of the activity evolution and the number of employees for the periods 17/19 - March 31 and 1 - April 30, 2020. The managers of the…

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